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The Top 7 Reasons Why You Should Have a Budget for Your Company
- During my 17 years as an ActionCOACH business coach, I have noticed several “themes” about business that keep coming back to the top of my work with my clients. Currently, my clients have been developing operating and development budgets for their businesses. A budget for your business is an important tool because it helps you […] Read More
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More Thoughts on the Importance of Planning
- I’ve become a huge fan of Carey Smith’s monthly column in Inc magazine. Within his November 2022 column (“If You Don’t Plan for the Long Term, Plan on Failure”) Mr. Smith covers several important aspects of the planning picture. The article sites a wide variety of reasons to support long term planning and warns of […] Read More
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Why You Need Written Plans
- “Planning without Action is futile, Action without planning is fatal” – Unknown Originally posted 6/2/2015, revised 5/16/2021. One of the most profound concepts I have embraced since joining the ActionCOACH team is the many positive results of having written plans. It is commonly believed that those who have written plans outperform their contemporaries by a […] Read More
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What Can We Learn About Business from Wimbledon?
- Originally posted 7/14/2015 revised 2/1/2021. It took 200 IBM statisticians to produce the statistics for Wimbledon and the BBC that we all consumed during this couple of weeks of tennis. So why are we consumed by this incredible amount of information that’s available? What is its purpose and how do we learn from what professional […] Read More
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A BFO About Planning
- Originally posted 1/5/2018. I had a major comeuppance and Blinding Flash of the Obvious (BFO) this morning related to one of my monthly activities, instigated by a Darren Hardy video I watched yesterday. During my holiday break the week between Christmas and New Year’s, I worked on a few administrative tasks in advance of their […] Read More
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It (Almost) Never Fails
- While flossing my teeth this morning I recalled my late mother’s expression “It never fails.” I decided to write this blog about my top three list of things that never fail, well almost never fail. Of course, top of mind and number one on the list: The last piece of dental floss in the container […] Read More
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Why You Should Prepare Your Business To Be Sold (Even If You Don’t Plan To Sell It)
- Originally posted 10/23/2018 One fact I often site is that on average, 10,000 baby boomers in the USA turn 65 every day. This has been going on for the past seven years and will continue for another eleven years. This fact presents two major opportunities to the business world: What products or services does this […] Read More
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